Eligibility Criteria for Loans

There are two eligibility criteria for participating in CEDF services.  Applicants must meet either one to qualify.

Criterion 1

Your business is located in an eligible Public or Targeted Investment Community.

Eligible communities are listed below.

Ansonia Hampton Seymour
Ashford Hartford* Southington
Beacon Falls Killingly Sprague
Bloomfield Lisbon Stafford
Bridgeport* Manchester Stamford
Bristol* Meriden* Sterling
Canterbury Middletown* Stratford
Chaplin Naugatuck Thomaston
Colchester New Britain* Thompson
Derby New Haven* Torrington
East Hampton New London* Vernon
East Hartford* Norwalk* Voluntown
East Haven Norwich* Waterbury*
East Windsor Plainfield Wethersfield
Enfield Plainville West Haven
Griswold Plymouth Winchester
Groton Portland Windham*
Hamden* Putnam Windsor
    Wolcott

*Targeted Communities

Criterion 2

If your business is NOT located in one of the communities listed above, you must meet income guidelines to be eligible for CEDF services which are defined as 100% of HUD state median income guidelines. For 2009 this is defined as $85,700 in family income or less.

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